PANews reported on March 13 that according to Cryptoslate, citing data from Bitcoin Treasuries, the number of Bitcoins held by listed companies in 2024 reached 592,112 BTC. Bitwise research director Ryan Rasmussen emphasized that this number is twice the total amount of Bitcoin accumulated by institutions in the past five years. On January 1, 2024, the number of Bitcoins held by listed companies was 272,777 BTC.
There were two major accumulation leaps in 2020 and 2021. In the first year of the COVID-19 pandemic, institutional holdings approached 100,000 Bitcoin. In the second year, this number increased significantly as corporate holdings exceeded 200,000 Bitcoin. However, the momentum was temporarily interrupted as public companies liquidated part of their Bitcoin reserves, almost falling below the 200,000 BTC threshold. Accumulation actions resumed in 2023 and increased sharply last year. Notably, Rasmussen pointed out that this number would be "significantly reduced" if Strategy's reserves were excluded. The company, led by Michael Saylor, had more than 499,000 BTC in its vaults as of March, adding 257,095 BTC through 16 purchases last year. Rasmussen added that as of March 6, public companies held $52 billion worth of Bitcoin, equivalent to 3% of the total Bitcoin supply.
In 2024, the amount of Bitcoin held by various institutional investors also saw a significant increase. As of December 31, 2024, private companies, ETP managers, governments, and public companies held 2,802,135 BTC, compared to 1,622,439 BTC at the beginning of last year. This growth is mainly due to governments and ETP managers. At the beginning of last year, there were 90,379 BTC in the vaults of various governments, and by the end of the year, this number grew to 513,791 BTC. At the same time, the number of Bitcoin held by asset management companies climbed from 771,013 BTC in the same period to 1,289,031 BTC, while private companies' Bitcoin holdings decreased from 488,270 BTC on January 1, 2024 to 407,201 BTC at the end of last year.
